The “Electronic Skin Patch Market” Report 2019-2024 has adopted a systematic way to evaluate the dynamics of the overall market. Electronic Skin Patch Market reports offers detailed assessment of the Electronic Skin Patch including enabling technologies, key trends, market drivers, challenges, market landscape, opportunities and competitor strategies.
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Electronic Skin Patch Market Covers the Following Manufacturers:
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Key Market Trends:
Owing to Changing Life Style Cardiovascular Monitoring is Expected to Register Substantial Growth
– Cardiac function is the result of four interrelated variables like heart rate, preload, contractility, and afterload. It becomes very difficult to quantify individual components of cardiac functions and poses two main problems. Firstly the technique is either invasive pressure or highly specialized echocardiographic techniques and secondly, all the components are interdependent. So, a failure in a single component would affect the other components. In such cases, an electronic skin patch poses as the best alternative for cardiovascular monitoring as it does not involve any invasive procedures and is handy.
– Cardiovascular monitoring becomes important for athletes running marathons spread across several kilometers as it involves stretching the capabilities of the human body. Henceforth it becomes essential for the athletes to track the cardiac function to better plan their runs.
– For instance, sixteen runners participated in METRO Marathon 2018, in Düsseldorf on April 28, equipped with stick-on smart health patches (three companies engaged to develop smart health patch such as Henkel, Quad Industries and Byteflies) that continuously measured and recorded motion (IMU), electrocardiogram (ECG) and respiration (RES).
– The fast-paced work life coupled with irregular eating habits and no exercises has resulted in the birth of many fatal diseases out of which heart diseases have become common. So it becomes very important to monitor the vitals of the body because when ignored could prove fatal. The use of electronic skin patches could help in the monitoring and thereby preventing such fatal outcomes.
Demand in Europe is Driven Due to Healthcare Awareness
– Traditional methods of diabetes monitoring involve the usage of glucose strips and finer prick tests to monitor glucose levels in the blood. So in order to prevent the usage of such invasive procedure scientists from the University of Bath, the United Kingdom in April 2018, has developed an adhesive electronic skin patch that would measure the blood glucose levels every 10 to 15 minutes.
– Similarly, Nemaura Medical a medical technology company has developed sugarBEAT which is a non-invasive, affordable and flexible Continuous Glucose Monitor (CGM) specifically designed for the people suffering from diabetes and pre-diabetics enabling them to better manage their glucose levels.
– According to a report published by WHO in 2016, there were 422 million adults suffering from diabetes and expected that this number would rise with given time opening up doors for the electronic skin patch market.
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Scope of the Report:
Important Points Covered in Electronic Skin Patch Market Report:
- Electronic Skin Patch market gives assessments for the regional level analysis with Production, Consumption, Imports, and Exports.
- Electronic Skin Patch market forecasts for a minimum of five years of all the mentioned segments.
- Electronic Skin Patch market shares drivers, constraints, opportunities, threats, challenges, investment opportunities.
- Share constraints for the new entrants in Electronic Skin Patch market
- Include manufacturing process, suppliers, price, production and consumption analysis.
This report covers the following questions:
- What are the difficulties to showcase development?
- What will the market estimate be in 2024 and what will the improvement rate be?
- Who are the major key venders in this market space?
- What are the drivers and opportunities of Electronic Skin Patch market?
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Electronic Skin Patch Market Covers Following Points in TOC:
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Introduction to Market Drivers and Restraints
4.3 Market Drivers
4.3.1 Rising Trend for Fitness Amongst the Consumers
4.3.2 Growing Demand for Connected Monitoring Devices
4.4 Market Restraints
4.4.1 Interoperability Issues Between New, Existing and Legacy Systems
4.5 Industry Value Chain Analysis
4.6 Industry Attractiveness – Porter’s Five Force Analysis
4.6.1 Threat of New Entrants
4.6.2 Bargaining Power of Buyers/Consumers
4.6.3 Bargaining Power of Suppliers
4.6.4 Threat of Substitute Products
4.6.5 Intensity of Competitive Rivalry
5 MARKET SEGMENTATION
5.1 By Application
5.1.1 Cardiovascular Monitoring
5.1.2 Diabetes Management
5.2.1 North America
5.2.4 Rest of the World
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Vitalconnect, Inc
6.1.2 Leaf Healthcare, Inc
6.1.3 Quad industries, S.A
6.1.4 Loreal, S.A
6.1.5 Sensium Healthcare Ltd.
6.1.6 iRhythm Technologies, Inc
7 INVESTMENT ANALYSIS
8 MARKET OPPORTUNITIES AND FUTURE TRENDS
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